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Dec 30, 2012
12/12
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for the speaker, the president, harry reid and over in the senate, the real answer in this is looking big, looking bold, and coming up with something that is a compromise that everyone can be proud of. >>9 mr. messer, we have about 10 minutes left. >> how involved are newly elected lawmakers in what is going on right now? the house republicans have been holding conference calls. are you guys on those calls? do you not get anything until january 3 when you are sworn in? >> it varies. we're not on every one of those caucus conference calls. we have been briefed on many of the policy proposals. we are being kept abreast. it is not quite yet like be a member of congress. -- being a member of congress. >> obviously, the fiscal cliff discussions are centered around taxes and spending. we have a lot of other unfinished business in this congress. call me perhaps cynical and realistic, but i am sure will be planted into the 113th congress -- punted into the 113th congress. one of them is the farm bill. there is a threat that their prices could as much as double. you come from a part of indiana
for the speaker, the president, harry reid and over in the senate, the real answer in this is looking big, looking bold, and coming up with something that is a compromise that everyone can be proud of. >>9 mr. messer, we have about 10 minutes left. >> how involved are newly elected lawmakers in what is going on right now? the house republicans have been holding conference calls. are you guys on those calls? do you not get anything until january 3 when you are sworn in? >> it...
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Dec 27, 2012
12/12
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harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435 members of the
harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're...
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Dec 29, 2012
12/12
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WGN
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mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don't strike a deal before the deadline. social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's too fragile so i really believe that members of congress will actually put the needs and the welfare of the country ahead of their own political future. >> we had a significant murder rate here in chicago the 500th person
mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don't strike a deal before the deadline. social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming...
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Dec 26, 2012
12/12
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the president then met with harry reid and talked to john boehner by phone and we have heard harry reid is working on legislation, perhaps mitch mcconnell's involved in this, as well. so when we look at this, david, who's pulling the strings now? who will sit down and make the deal happen? >> there's eyes on mitch mcconnell. he's been influential in past debt negotiations. a year and a half ago in sort of coming up with something that his fellow republicans would like and i think the question is, though, as meredith said, john boehner doesn't seem to have full control of his caucus and looking at the house, is boehner comfortable with moving something with a majority of democratic support and some republican support to put it over the threshold. looks like there's a lot of shifting going on about who to blame going over the cliff and probably not a good sign because they're setting up who to blame and might be an inkling to come. >> the votes not on the side of boehner last week, meredith, if there's a bipartisan deal out of the senate, will those who were not for john boehner's plan "b
the president then met with harry reid and talked to john boehner by phone and we have heard harry reid is working on legislation, perhaps mitch mcconnell's involved in this, as well. so when we look at this, david, who's pulling the strings now? who will sit down and make the deal happen? >> there's eyes on mitch mcconnell. he's been influential in past debt negotiations. a year and a half ago in sort of coming up with something that his fellow republicans would like and i think the...
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Dec 26, 2012
12/12
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reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for households making less than 250,000 a year. it might also include enough short-term spending cuts to temporarily offset for, say, six or eight months, the indiscriminate across-the-board spending cuts that are set to go into effect on january 1. yis bill would also try to tie up some year-end loose ends by extending long-term unemployment benefits, patching the alternative minimum tax that duds up hitting so many middle class families, and preventing a mbg scheduled drop-off in thdicare reimbursement rates for doctors at the start of the enar. eyre in hawaii, the president has had a low-key christmas with family and friends, but he will omoreaving this state as early as tomorrow to head back to grshington d.c. to put pressure on congress to pass that democratic plan. jim? >> any indications, nancy, where thewhether the republicans are willing to play ball with senator reid in this proposal?
reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for households making less than 250,000 a year. it might also include enough short-term spending cuts to temporarily offset for, say, six or eight months, the indiscriminate across-the-board spending cuts that are set to go into effect on january 1. yis bill would also try to tie up some year-end loose...
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Dec 30, 2012
12/12
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CSPAN
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harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index was a point of contention raised on the house floor. the reporting from politico earlier about the loggerheads' this afternoon, they say that the provision would result in lower payments for social security beneficiaries. boston, the independent go ahead. >> most companies in the u.s. are now headquartered in toronto. they make their profit in bermuda. we're spending 47 cents on the dollar on the deficit. we will have to do like canada and put a tax on gasoline. what is your opinion? what should we do to fulfill the debt and our obligation? >> what is
harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index...
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Dec 30, 2012
12/12
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plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realize, while we are concerned about deficits, it is because it is a concern about the economy. there are different prescriptions for the economy at different times. allowing this recovery to slow down, even as it has already been anemic, would b
plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt...
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Dec 29, 2012
12/12
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reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on miedddle class families don' go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an extended period of time, as you all know waiting for us. >> mr. president, i would just add -- i share the view of the majority leader, we had a good meeting down at the white house. we are engaged
reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on miedddle class families don' go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit...
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Dec 26, 2012
12/12
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FBC
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from senate democratic leader harry reid, quote, nothing to report. no conversations with republicans yet. said republican leader mitch mcconnell, quote, no our reach for many democrats. we talk to the speaker's office all the time and always do but the house passed legislation and we are waiting on senate democrats. house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare the laps of the tax cuts would mean the top tax rate would revert back to 39.6 in the clinton administration from 35% now but taxes will also go up for tax rates would go up for lower-income earners. the maximum lowest rate reverting to 15% from 10
from senate democratic leader harry reid, quote, nothing to report. no conversations with republicans yet. said republican leader mitch mcconnell, quote, no our reach for many democrats. we talk to the speaker's office all the time and always do but the house passed legislation and we are waiting on senate democrats. house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the...
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Dec 27, 2012
12/12
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without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to support yet until i see it. the previous congressman you had on, raul, interesting enough, his office is right next to mine in longworth. the fact of the matter is we're going to have to find a place to come together. that the president has offered a 7% solution for a 100% problem. i was struck by the fact that not a single democrat supported speaker boehner's plan "b" when that was actually nancy pelosi's solution which was to raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan "b." it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. so congressman, did the speaker miscalculate and do you think he'll be challenged for the speakership when the new congress convenes?
without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to support yet until i see it. the previous congressman you had on, raul, interesting enough, his office is right next to mine in longworth. the fact of the matter is we're going to have to find a place to come together. that the president has offered a 7%...
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Dec 28, 2012
12/12
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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Dec 29, 2012
12/12
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reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference, and
reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this...
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Dec 26, 2012
12/12
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>> all you have to do is look at what harry reid, the leader of the senate has been saying from day one. every time that speaker boehner put forth a common-sense plan to fix this problem, harry reid would say, right off the bat it is doa, dead on arrival. not one thing that speaker boehner proposed that reid said, oh, we can work with that. it's about scoring political points. the american people are tired of all of us, i understand that. we just make used car salesmen look good. that's the only group is below us. but we've got to get our act together, and prove to the american people that we can regain the trust that they once had in us and get the job done. and as you say, not kick the can down the road. they want to us work this out. i hope we do. >> let's talk about something a little more bright. the former marine stuck in mexico. if you don't know the story, he was basically trying to go on a surfing trip. an old winnebago and a bunch of surf boards and some sort of antique, torn apart gun that he wanted to use to hunt rabbits and birds. he got caught up in the judicial system and
>> all you have to do is look at what harry reid, the leader of the senate has been saying from day one. every time that speaker boehner put forth a common-sense plan to fix this problem, harry reid would say, right off the bat it is doa, dead on arrival. not one thing that speaker boehner proposed that reid said, oh, we can work with that. it's about scoring political points. the american people are tired of all of us, i understand that. we just make used car salesmen look good. that's...
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Dec 27, 2012
12/12
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sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other players and there's no reason to change it. i think as observers of this, the american public, you can say there's a real reason to change it. in terms of the p
sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in...
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Dec 29, 2012
12/12
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senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying the house is really at an impasse. i don't think they can pass it on their own, but if there's a bipartisan deal that senate republicans and senate democrats can pass, the speaker's office indicated they may bring it up in the house even if they only get 1/3 or 1/2 of the republicans, if there are enough democrats, it can pass in the house. that's really been the problem. the speaker wants to bring a bill and get the majority. >> jack, let me ask you, one of the complaints we've heard is that speaker boehner has a policy he does not bring a bill to the floor of the house that does not have a majority repu
senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying...
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Dec 26, 2012
12/12
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the problem is we have had harry reid and the senate democrats haven't passed a budget plan in three years and they're looking at just raising taxes. we need to seriously address the spending in this country and we haven't had that from the democrats. we have to have that for things to pass. really get this deficit under control. >> all right. so keith, that was a loud sigh that you just gave. >> you heard that? >> i think everybody at home just heard that. so you obviously do not agree with alice's assessment there. i want to show debbie wasserman-schultz's quote. no 48-notice on house votes just yet. the president has a lot to gain politically with the blame on republicans for letting all of the country go over the cliff and the fact that they seem to hold on with the death grip for millionaires in this country. >> the republicans will be blamed it seems according to the polls going over the fiscal cliff but the president is responsible and wants the deal. he's been trying to negotiate by making reasonable concessions. lowered the revenue number. he's increased the tax limit from $
the problem is we have had harry reid and the senate democrats haven't passed a budget plan in three years and they're looking at just raising taxes. we need to seriously address the spending in this country and we haven't had that from the democrats. we have to have that for things to pass. really get this deficit under control. >> all right. so keith, that was a loud sigh that you just gave. >> you heard that? >> i think everybody at home just heard that. so you obviously do...
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Dec 22, 2012
12/12
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FOXNEWSW
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reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said he came into the briefing room and said maybe is he a hopeless optimist but is he a new slim down three point plan that he says can pass in 10 days. basically extend tax cuts for 98% of americans. he said both parties agree with that extend unemployment benefits for 2 million americans. those are expiring about a week after christmas. that's a big problem. and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that
reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said he came into the briefing room and said maybe is he a hopeless optimist but is he a new slim down three point plan that he says can pass in 10 days. basically extend tax cuts for 98% of americans. he said both parties agree with that extend...
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Dec 28, 2012
12/12
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harry reid saying the u.s. is going over the cliff. consumer confidence numbers are down. markets are roiled, and it's not surprising people are worried. but now factor in as tim geithner said that the debt ceiling would be reached by the end of the year. $16.4 trillion. extraordinarily measures. now, what does extraordinary measures mean? suzanne, i'll tell you. it means literally robbing peter to pay paul. shifting the money around. so that you can actually keep paying the bills before you hit the ceiling. all in all, i can't remember an end of a year, suzanne, when we've had two so serious issues affecting the u.s. economy all at the same time. >> it is worrisome. i wonder, richard, do we have any sense of how the markets, the global markets, are even reacting to the potential, the possibility that we'd go over the cliff? >> reporter: yes. at the moment, it is quite clear they are holding their nose from the stench of politics, and they are believing that politicians will do the right thing. i was talking to one u.s. congressman today. in fact, you must have talked to s
harry reid saying the u.s. is going over the cliff. consumer confidence numbers are down. markets are roiled, and it's not surprising people are worried. but now factor in as tim geithner said that the debt ceiling would be reached by the end of the year. $16.4 trillion. extraordinarily measures. now, what does extraordinary measures mean? suzanne, i'll tell you. it means literally robbing peter to pay paul. shifting the money around. so that you can actually keep paying the bills before you...
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Dec 29, 2012
12/12
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you are asking the wrong person let's hear what senator harry reid have to say on that. he and boehner went back and forth. let's listen. >> if we come up with something that's not that easy we're dealing with big numbers and some of the stuff that we do is somewhat complicated but i think it was a positive meeting there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would have took an extended period of time as you all know waiting for us. but everybody, this is -- whatever we come up with is going to be imperfect. some people aren't going to like it. some people will like it less. but that's where we're. and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. we're going to do the best we can for the caucuses that we have and the country waiting for us to make a decision. >> juliet: charles krauthammer made a great point the other day. ultimately the way the president is going to be judged isn't going to be what happens in the next couple of
you are asking the wrong person let's hear what senator harry reid have to say on that. he and boehner went back and forth. let's listen. >> if we come up with something that's not that easy we're dealing with big numbers and some of the stuff that we do is somewhat complicated but i think it was a positive meeting there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would have took an extended period of time as you all...
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Dec 26, 2012
12/12
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this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off at $250,000. we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a million collars for the cap of the tax rates expiring. so what is the position of the white house aides and the people are you talking to there in terms much getting a deal done? >> well, the difference would be, and when you remember plan "b" failed. it failed to garner
this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off at $250,000. we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal...
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Dec 27, 2012
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the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they were waiting for the democratic controlled senate. the house will take this action on whatever the senate can pass they said but the senate first must act. in a sign of public frustration over the lack of a deal the coffee giant starbucks is asking employees in approximately 120 washington area cafes to write the words "come together" on cups for drink orders. >> we just wanted to have a subtle message of coming together and everyone being united. >> reporter: now a new problem making the fiscal cliff talks even more complicated,
the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday...
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Dec 26, 2012
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reid will have a plan c ready to go and rumors after $400 billion price tag. >> big chunk of change. we're eyeing a massive winter storms that spawned at least last night this deadly tornado. as it moves north, that storm we'll look at the danger it poses for many americans especially if you're trying to travel anywhere today. folks there living through rare holiday twisters react to a christmas day storm they say they will never forget. >> i've never seen one in real life. just to be able to hear one from that far away, it is about a mile from where we are and you could still hear it. it was, it was pretty amazing. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! kelly: "fox business alert." with just days until taxes go up on almost every american, there's a growing debate out there over whether top senate democrat leader harry reid will even have a plan-c to avoid the oncoming fiscal cliff and w
reid will have a plan c ready to go and rumors after $400 billion price tag. >> big chunk of change. we're eyeing a massive winter storms that spawned at least last night this deadly tornado. as it moves north, that storm we'll look at the danger it poses for many americans especially if you're trying to travel anywhere today. folks there living through rare holiday twisters react to a christmas day storm they say they will never forget. >> i've never seen one in real life. just to...
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Dec 26, 2012
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>> i think harry reid will do a stopgap deal, and we'll be back at the drawing board. gregg: tony 134. >> that's what's going to happen at best, and it's not going to solve the problem. we need the grand bargain, we really do. gregg: good to see you both. >> good to be here. >> thanks so much, gregg. heather: coming up, a potentially major strike threatening the u.s. economy from coast to coast as business leaders ask where is president obama? with poor workers on the brink of a walkout that could cost billions. gregg: and we are learning more about the man who killed two firefighters, upstate new york. we're going to talk with a clinical psychologist about how a man like this could slip through the cracks, a man who claimed in his farewell note that killing people was what he liked to do. >>> and an officer wiewbded in the shooting -- wound withed in the shooting speaking out just moments ago for first time. >> for some reason some person decides that he can do whatever he wants. no one ever expected that, i never expected that. these are things that no one ever expec
>> i think harry reid will do a stopgap deal, and we'll be back at the drawing board. gregg: tony 134. >> that's what's going to happen at best, and it's not going to solve the problem. we need the grand bargain, we really do. gregg: good to see you both. >> good to be here. >> thanks so much, gregg. heather: coming up, a potentially major strike threatening the u.s. economy from coast to coast as business leaders ask where is president obama? with poor workers on the...
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Dec 27, 2012
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the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been the role of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few d
the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been...
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Dec 26, 2012
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the senate democratic leader harry reid is the one trying to figure out if he can get the votes from enough republicans to pass the kind of scaled back bill that the president himself talked about on friday before he went to hawaii, which is effectively his plan to keep taxes in place, tax cuts in place, i should say, for every household making $250,000 and under and maybe add a few other tax related items, nothing on spending, but tax related items to that, the hope among democrats is that because we are so close to that deadline, that they can get enough republicans in the senate and the house ultimately to pass that, but, you know, the betting, according to sources in the republican and democratic party is still at this point that it is not going to be likely and we're most likely to go off the fiscal cliff. >> six days away. dana, what would majority leader reid have to add to the legislation to peel off just a few republicans, enough to get it through the house? i don't know if he would get widespread support from mitch mcconnell and the leadership, but just a few who are maybe
the senate democratic leader harry reid is the one trying to figure out if he can get the votes from enough republicans to pass the kind of scaled back bill that the president himself talked about on friday before he went to hawaii, which is effectively his plan to keep taxes in place, tax cuts in place, i should say, for every household making $250,000 and under and maybe add a few other tax related items, nothing on spending, but tax related items to that, the hope among democrats is that...
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Dec 28, 2012
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"the new york times" said that harry reid looked like an angry father-in-law, who kept coming to the floor, nursing a grudge all year long. this is not looking good, obviously. they're meeting at the white house, all four congressional leaders with the president. but, josh, this is the first meeting that they've had in six weeks. some might think this would have been -- we're about four days away. >> perhaps. >> every day, having meetings. it's been since november 16th. >> 96 hours away now. can we expect any reasonable breakthrough here? >> here's what could happen. and i will give this about a 3% to 5% chance of happening. you could have a small deal that would at least prevent these tax increases from going into effect for most people. that's what the president is going to try to push with congressional leadership. i wouldn't put a lot of hope in that. >> does the president offer his own bill in this meeting? >> and this is interesting. there were some reports the president was going to present his own plan to come to congress to do. he is not going to do that. he has offered the
"the new york times" said that harry reid looked like an angry father-in-law, who kept coming to the floor, nursing a grudge all year long. this is not looking good, obviously. they're meeting at the white house, all four congressional leaders with the president. but, josh, this is the first meeting that they've had in six weeks. some might think this would have been -- we're about four days away. >> perhaps. >> every day, having meetings. it's been since november 16th....
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Dec 26, 2012
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reid, and john boehner. host: here is a twitter message. a lead story in "the washington post." janesville, wisconsin, independent. good morning. what is your level of optimism? caller: i am not very optimistic they will get anything done. i am not optimistic that will find a job. host: what kind of work are you looking for? caller: anything. i cannot even get hired at a retail store because i do not have experience. i have the manufacturing all of my life. i lost my job in 2008. i have updated my skills, and still, no calls. host: when you look at people in washington and what they are dealing with, what goes through your mind? caller: i think they are out of touch with the people. i think the unemployment rate is a lot higher than the what they say it is. host: thank you for calling. steve is calling from troy, michigan. caller: there has been a lot of misrepresentation of the fax. i am not very optimistic for the future of our country. -- misrepresentation of the f acts. taxes will be going up no matter w
reid, and john boehner. host: here is a twitter message. a lead story in "the washington post." janesville, wisconsin, independent. good morning. what is your level of optimism? caller: i am not very optimistic they will get anything done. i am not optimistic that will find a job. host: what kind of work are you looking for? caller: anything. i cannot even get hired at a retail store because i do not have experience. i have the manufacturing all of my life. i lost my job in 2008. i...